Cement News tagged under: cement sales
Saudi Arabia: cement sales down 7%14 November 2016, Published under Cement NewsA recent report from Al Rajhi Capital Research stated that total cement sales in Saudi Arabia fell 6.8 per cent YoY to 47Mt in the first 10 months of 2016, from 50.2Mt in the same period last year. Clinker production also saw a decline, falling 1.7 per cent YoY. Total cement sector revenues declines 19 per cent YoY as a result of lower sales volume (which was down 10.5 per cent YoY) and a fall in the average realised price/t for most companies. Aggregate net income saw a significant decline ... |
Indonesia: September figures weaker11 October 2016, Published under Cement NewsDue to a lower demand from the domestic housing industry, Indonesian cement sales for the month of September fell 3.3 per cent to 5.64Mt compared to September of 2015, according to the Indonesian Cement Association (ASI). Cement sales fell in Java, Sumatra and Kalimantan, while eastern parts of the country including Sulawesi, Maluku and Papua saw growth, reports Widodo Santoso, ASI chairman. Java sales amounted to 3.11Mt for the month, a drop of five per cent YoY, Sumatra saw a decline of... |
Vietnam: 9M16 cement sales reach 55.25Mt05 October 2016, Published under Cement NewsAccording to the Ministry of Construction, Vietnam's cement sales reached 55.25Mt for the period January-September 2016. No YoY comparative figures were given. Of the total, 43.55Mt were sold domestically, a 7.7 per cent increase on the previous year, and 11.7Mt of cement and clinker were exported, representing a -1.3 per cent YoY change. In the month of September Vietnamese companies sold 5.25Mt of cement in the domestic market and exported 1.3Mt of cement and clinker, the ministry added... |
Saudi Arabia: sales drop 10%03 October 2016, Published under Cement NewsAccording to a report quoting Yamama Cement data, total cement sales in Saudi Arabia stood at 4.34Mt for the month of August, registering a 10.3 per cent decrease YoY. However, the figure was up 41 per cent on the previous month. Total inventory reached a high of 26.35Mt, representing 45 per cent of the last 12 month's sales. Inventory grew 11.7 per cent YoY and five per cent on the previous month, according to an Al Rajhi Capital report. For the month of August, cement production in t... |
Saudi Arabia cement companies see sales and production fall 10%20 September 2016, Published under Cement NewsSales of cement by Saudi Arabian companies declined by 9.93 per cent YoY in August, while production dropped by 10.4 per cent, Mubasher reports. Output for August was 4.3Mt, while deliveries were 4.4Mt. The fall in sales was unevenly distributed, with some companies – notably Riyadh Cement and City Cement – seeing double-digit increases. Of the bigger players, Saudi Cement escaped the worst, with its sales falling by 1.5 per cent, while Yanbu fared particularly poorly, with sales dropping... |
Uganda: Hima Cement signs supply deal with Guangzhou Dongsong19 September 2016, Published under Cement NewsUganda's Hima Cement and Guangzhou Dongsong Energy Group have signed a memorandum of understanding for the supply of over 40,000t of cement for the construction of the latter firm’s phosphate and steel projects, Kampala’s Observer newspaper reports. Daniel Pettersson, chief executive officer of Hima Cement, said: "The purpose of this MoU is to establish the relationship between Hima and Guangzhou Dongsong. This cooperation of both parties shall cover the project of construction of the pho... |
Zimbabwe: SZCC considers cutting shifts as downturn hits sales09 September 2016, Published under Cement NewsThe Sino Zimbabwe Cement Company (SZCC), which operates an integrated plant in Gweru in central Zimbabwe, has said that it is considering reducing the number of shifts at the facility from three to just one in the face of declining sales. Zimbabwe’s economy has suffered from a prolonged drought, while manufacturers have also had to contend with smuggled cement from South Africa. Speaking to the Business Chronicle, SZCC managing director, Wang Yong, said: “We have a significant decrease... |
Pakistan: northern plants register strong July sales10 August 2016, Published under Cement NewsDomestic cement sales in Pakistan rose 12.38 per cent YoY to 2.018Mt in July 2016 from 1.8Mt in July 2015 as large government-funded infrastructure projects pushed up demand, according to data from the All Pakistan Cement Manufacturers Association (APCMA). The heavy monsoon rains slowed down construction activities in many parts of the country, but analysts said the overall revenue of the domestic cement industry is expected to grow in the coming years on the back of higher sales v... |
USA: cement shipments rise 5.1% in May05 August 2016, Published under Cement NewsTotal shipments of Portland and blended cement in the United States and Puerto Rico in May 2016 were about 8.2Mt, up by 5.1 per cent from sales in May 2015. The leading producing states for Portland and blended cement sales in May were California, Texas, Missouri, Florida, and Michigan, in descending order, and these states accounted for nearly 40 per cent of the national total. The leading cement-consuming states (Texas, California, Florida, Ohio, and Illinois, in descending order) receiv... |
Oman Cement output rises by 20% in year to June01 August 2016, Published under Cement NewsHaving already announced a 25 per cent rise in profits in its six-month results to the end of June 2016, Oman Cement has now released details of increased production and sales, Muscat Daily reports. During 1H2016, cement output at the firm rose by 19.86 per cent to 1.21Mt, including 89,851t from its new mill at Ghala-Rusayl in northeastern Oman, which came online at the end of May. A statement release by Oman Cement read: “The company has continued its efforts to overcome the adverse... |